Why You Should Vote
Amidst the 2020 presidential election, voting is a quintessential privilege for American citizens to ensure that their voices are heard!
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In Scramble to Develop Vaccine, Russia Neglects Precautions
On August 11, Russian President Vladimir Putin made the announcement that a vaccine for COVID-19 had passed the necessary trials required for use. This development was met with skepticism from around the world.
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Rape and Subsequent Death of Dalit Woman Sparks Pain, Outrage in India
A 19 year old woman from the Dalit community died in the hospital after a two week struggle for her life. She was raped and strangled on the 15th and admitted to a hospital in her home state of Uttar Pradesh, but her condition was so critical she was brought to New Delhi to be treated.
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Solid Week in the Markets
The S&P 500, Dow Jones Industrial Average, and Nasdaq all had a week to remember with their largest gain in the last three months. Powering the weekly surge were new talks about a stimulus deal, analysts’ growing optimism about EPS, and the Vice President Biden’s increasing lead in the polls.
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The Rise of ESG Investing; Blackrock Capitalizes
Blackrock, the world’s largest asset manager, has launched an Environmental, Social, and Governance fund. ESG criteria have become popular among socially conscious investors looking to back companies that share their values, whether its sustainability, reinvesting back into local communities, or leadership that practices good faith. Younger investors, in particular, have made this screening method popular.
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Chains vs. Local Restaurants
McDonald’s, Chipotle, and Dominos have done great during the pandemic while local restaurants have been struggling. Well capitalized food chains like Chipotle and Dominos have gained customers and added stores, while many local restaurants have had to shut their doors.
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Waymo’s Self-Driving Feat
Since the discovery of machine intelligence, companies across the tech industry have been seeking ways to implement this technology in everyday activities for the average consumer. Waymo, the self-driving vehicle branch of Alphabet, has accomplished this feat as the first company to go public with its autonomous ride-hailing service.
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Analysis of the Presidential Debate
The presidential debate that occurred on September 29, 2020, got pretty mixed reviews from the general public and the media. The majority of the negative reviews about the debate are associated with President Trump’s tense and inappropriate behavior and his unwillingness to respond to the questions posed by the moderator.
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When an Algorithm is Your Boss
Algorithmic management is the basis of the gig economy which encompasses companies such as Uber and Doordash. By inserting workers and the contextualization of data, decisions emerge out of the algorithm that the gig economy uses to fuel their businesses. Decisions such as incentives, penalties and shift assignments are all decided by the algorithm.
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IP-O-verload
Initial Public Offerings (IPOs) have been sizzling as of late. This strong demand for new stocks is illuminated with the debut of cloud companies such as Snowflake and JFrog. Experts say the Federal Reserve’s decision to hold interest rates at zero for the foreseeable future has ignited the demand for IPOs while accelerating the overall stock market and, in particular, high growth techs. Troy Hooper, head of IPO content at Mergermarket, stated, “IPOs are doing well and I guess that’s what happens when you have the Fed pumping money into the financial system. The money has to go somewhere.”
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